Brown Bear packaging firm snapped up by EuroFoods

September 19, 2014 No Comments

A Welsh food packaging firm, Brown Bear Food, has been acquired by Newport-based Eurofoods Group Limited, which supplies ethnic food to restaurants, caterers, and specialist supermarkets. Eurofoods indicates that it plans to create up to 200 jobs at the site.

The rapid sale of the business has ensured that all jobs have been saved and all the key customer contracts have been maintained. The sale to Eurofoods is also great news for the local community, as the company is looking to invest in the site and it is anticipated this will create further employment opportunities in the future.

Shelim Hussain MBE, founder and owner of Eurofoods, added: “This acquisition is part of our overall growth strategy. The investment in this business and site should enhance our product offering and capability.”

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